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20121201
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if america shoots itself in the foot, if you will, and goes over this fiscal cliff? >> you know, fiscal cliff is a situation which is very much looked at from the european side because if america goes well, the world goes well, and we hope that this solution will be found, but we're really very much used to last-minute negotiations in our parliamentary governance. maybe the u.s. is not used as much to the last minute, last night, so we're very confident that a solution will be found. >> you think we will get a solution in the 11th hour? >> absolutely. >> that's how america normally does, it i guess. let me ask you. interesting to look around the world and see austerity everywhere you look. we're looking at this subject, whether it's in the united states, in italy, throughout europe. give us your sense of what's going on with the debt situation in italy right now. news today, of course, that the public debt rose above 2 trillion euro for the first time in october. can the government get the debt under control in italy? >> you know, we started to manage our spending review last year when govern
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